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Home Equity Loan

Business / Loan / Home Equity Loan: A loan made to a current homeowner that is secured by the equity in the home. MORE

Temporary Emergency Food Assistance Act Of 1983 (TEFAA)

Business / Agriculture / Temporary Emergency Food Assistance Act Of 1983 (TEFAA): P.L. 98-8 (March 24, 1983) was a supplemental appropriations act for FY1983 that among other things explicitly authorized a discretionary commodity donation effort begun in 1981 by the USDA. The initi MORE

Break-Even Payment Rate

Business / Finance / Break-Even Payment Rate: The prepayment rate of an MBS coupon that will produce the same cash flow yield (CFY) as that of a predetermined benchmark MBS coupon. Used to identify for coupons higher than the benchmark coupon the MORE

Honey Program

Business / Agriculture / Honey Program: Non-recourse marketing loans had long been available to support honey prices until FY1994, when the funding was suspended by provisions in annual appropriations legislation. The FACT Act of 1990 had s MORE

Home Equity Line Of Credit (HELOC)

Business / Taxes / Home Equity Line Of Credit (HELOC): Sometimes referred to as a HELOC, a home equity line of credit lets you borrow against the equity you’ve built in your home, usually by using a debit card or writing checks against your available ba MORE

Holding Company

Business / Finance / Holding Company: The date on which holders of record in a firm's stock ledger are designated as the recipients of either dividends or stock rights. Also called date of record. MORE